The Financial Services Compensation Scheme (FSCS) has declared PCM Asset Management in default after receiving a claim against the firm relating to pension advice.
The firm is no longer authorised by the Financial Conduct Authority (FCA) and has not been permitted to carry out regulated activities since 15 March 2019. According to the FCA Register, PCM Asset Management previously held authorisation but ceased trading and is now listed as no longer authorised. A statement on the FSCS website confirms that PCM Asset Management "has stopped trading," and that consumers may be eligible to make a claim. Potential claimants are encouraged to use the online eligibility checker tool to determine whether they can proceed. An FSCS spokesperson told Pro...
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